(Reuters) – U.S. health insurer Cigna (NYSE:) Group has revived efforts to merge with smaller rival Humana (NYSE:) after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The companies have held informal, early discussions recently about a potential deal, the report said. Shares of Humana were up about 5% in after-hours trading on Friday, while those of Cigna were down about 4%. Last year, Reuters reported that Cigna ended its attempt to negotiate an acquisition of Humana after the pair failed to agree on a price and announced a $10 billion…
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By Lizbeth Diaz MEXICO CITY (Reuters) – Gunmen sprayed with bullets the office building and several cars of respected Sinaloan media outlet El Debate on Friday, the news organization said, amid a bloody war between the two biggest factions of the Sinaloa Cartel. El Debate, which usually reports on violent events across the northwestern Sinaloa state, was attacked early on Friday morning, the company reported on social media. The local prosecutor’s office said it was investigating the attack, which caused no casualties. “Today the complaint for damages is going to be received,” Claudia Sanchez, the state prosecutor, told media. Sanchez…
The current market landscape is the most volatile we’ve seen in decades. From election cycles to inflationary pressure, it’s become impossible to count on solid returns solely from traditional methods of investments, like residential real estate or stocks. Diversification is needed for stability and long-term growth. If you’re on the fence about alternative investments, here is the case to consider the next generation of investment trends (along with some suggestions to get you started). The Case for Alternative Investments Traditional asset classes include things like bonds, cash, treasury bills, and the aforementioned stocks and physical residential real estate. These are…
(Reuters) – U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter.The companies have held informal, early discussions recently about a potential deal, the report said.Shares of Humana were up about 5% in after-hours trading on Friday, while those of Cigna were down about 4%.Last year, Reuters reported that Cigna ended its attempt to negotiate an acquisition of Humana after the pair failed to agree on a price and announced a $10 billion worth of shares buyback.By the…
Jet.AI Inc. (NASDAQ:JTAI), a Delaware-based non-scheduled air transportation company, has entered into a significant agreement with Ionic Ventures, LLC on October 18, 2024. The agreement, disclosed in a recent SEC filing, outlines adjustments to the terms of Series B Convertible Preferred Stock held by Ionic Ventures. The arrangement, detailed in a letter agreement between the two companies, follows a Securities Purchase Agreement dated March 28, 2024. Ionic Ventures has agreed to refrain from exercising certain legal rights under the previous agreement. In exchange, Jet.AI has consented to modify the Conversion Measurement Period for the first 200 shares of Series B…
You’re already pretty smart, but let’s go for even smarter! Our Motley Fool cast is here to help you understand some common and not-so-common investing terms, so that you can be more fun at cocktail parties — and more importantly, be a better investor! Check out The Motley Fool’s dictionary of financial terms for lots more definitions. To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our beginner’s guide to investing in stocks. A full transcript follows the video. This video was recorded on Oct. 16, 2024.…
By Danielle Broadway and Catarina Demony LONDON (Reuters) -Liam Payne’s former partner, pop singer Cheryl, joined an outpouring of grief on Friday over the death of the One Direction band member, calling for restraint in coverage to protect his family during an “indescribably painful time”. Payne, who shot to global fame with boy band One Direction, died at age 31 after falling from a third-floor hotel room balcony in Buenos Aires on Wednesday, triggering tributes from fans around the world. Cheryl Tweedy, more commonly known by just her first name, was in a relationship with Payne between 2016 and 2018…
Municipal zoning codes tend to cluster high-density housing, including public housing, near busy highways, exposing residents to unhealthy emission. Instead, policies should discourage driving and encourage integrating multifamily housing into neighborhoods. (Urban Institute) The National Highway Traffic Safety Administration recalled more than 400 Proterra buses for a potential fire hazard. (Smart Cities Dive) Cities can’t keep widening roads forever, so they should use technology to manage existing lanes while focusing more on transit and micromobility. (Metro) Bloomberg is starting a new initiative to help cities share ideas for solutions to problems like sustainability, housing and transportation. Strong Towns is touting…
Top 25 Firm Armanino LLP has taken on a strategic minority investment from private equity firm Further Global Capital Management.The deal, which closed today, is the latest in the series of investments by private equity in large accounting firms that began in 2021 — but with a key difference, Armanino CEO Matt Armanino told Accounting Today.”What’s maybe the punchline here — what’s really unique, I think — is that we wanted to focus on a minority investment that allowed us to retain not just operational control of the business, but ownership control of the business,” he said. “Those are some…
In a stroke of unbelievable fortune, Jeanne, a Sandusky, Ohio resident, won $15 million in the state’s 50th Anniversary scratch-off game this past June.Describe when Jeanne told the Ohio Lottery Commission that she had “dropped to the floor” after realizing her win. At the store, the clerk and Jeanne had cried together, leaving bystanders wondering what on earth had just happened.Don’t Miss:While $15 million might seem like a life-altering sum, Jeanne’s final payout will be much less due to taxes, leaving her with around $4.5 million. It’s a classic example of a lottery winner facing a significant reduction in winnings…